Sb1 FCU Names Community Banker as New CEO

The $603 million Sb1 Federal Credit Union in Philadelphia has named a veteran community banker as its new president/CEO.

Robert Werner was executive vice president and chief operating officer at Two River Community Bank in Middletown, N.J.

Werner succeeds Tom Swierzy, who will retire in July after 31 years at the helm of the 32,100-member Philadelphia credit union.

“Rob’s respected management style and significant executive abilities, combined with his skills as a communicator and motivator, will ensure that he has the ideal background to take Sb1 to the next level. For these reasons and more, I know Sb1 is in good hands,” Gloria Wilson, Sb1 board chair, said Thursday in the credit union’s announcement.

Werner has more than 25 years of diverse management experience in financial services, his new employer said, and most recently helped his New Jersey bank grow to more than $700 million in assets while launching a new website and other banking services and consolidating 14 departments from four locations into a new headquarters.

His industry affiliations include chairing the Community Lenders CDC and the Pennsylvania Bankers Association Service Corporation, SB1 said in its announcement.